Tag archive for ‘Development’
By Staff writer On Monday, November 30th, 2015
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Maersk Oil Celebrates First Graduates From Qatari Development Programme

A group of 14 young Qatari professionals at Maersk Oil Qatar have become the first graduates of its Qatari Development Programme (QDP). The bespoke two-year rotational programme is designed to support Qataris in More...

By Staff writer On Thursday, November 26th, 2015
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Ooredoo Group and Ericsson Sign MoU for 5G Development

Ooredoo Group and Swedish telecommunications giant Ericsson have signed a Memorandum of Understanding (MoU) for 5G development with the ambition of developing use cases, requirements and deployment scenarios for More...

By Staff writer On Thursday, November 12th, 2015
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Dubai SME set to announce 2015 list of top-performing SMEs

Abdul Baset Al Janahi, Chief Executive Officer of Dubai SME Dubai SME, the agency of the Department of Economic Development (DED) in Dubai mandated to develop the small and medium enterprise (SME) sector, will announce More...

By Staff writer On Friday, October 30th, 2015
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Qatar Investment Authority entered a joint venture with Brookfield

HE Sheikh Abdulla Bin Mohammed Bin Saud Al-Thani, CEO of Qatar Investment Authority with Bruce Flatt, CEO of Brookfield Asset Management. Qatar Investment Authority (QIA) announced today that it has entered in a More...

By Staff writer On Tuesday, October 27th, 2015
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United Development’s Profits Up 5.3%

United Development Company announced Monday its financial results for the first three quarters of 2015. The net profit of the company grew 5.3% year-on-year. The profits for the period was QR619.8 million, compared More...

By Staff writer On Monday, October 19th, 2015
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Qatar Development Fund, Carter Center Sign Partnership Agreement

Stephen Blount , Director of Special Health Projects, Carter Center sing the agreement with Ali Abdullah Al Dabbagh, Executive Director, QDF The Qatar Development Fund (QDF) and the Carter Center have signed a framework More...

By Staff Writer On Tuesday, September 29th, 2015
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DSE to develop Dubai beachfront retail zone

Drake & Scull Engineering (DSE), the engineering subsidiary of Drake & Scull International PJSC has been awarded an AED 123 million contract for an unnamed mixed-use development in Dubai’s Jumeirah district. DSE More...

By Staff Writer On Sunday, August 23rd, 2015
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PM Modi praises KEF’s vision of sustainable construction

The UAE and India has teamed up to raise $75bn worth of funds for India’s development. The decision came after Indian Prime Minister (PM) Narendra Modi’s brief visit to the UAE this August. This was the first More...

By Staff Writer On Sunday, August 9th, 2015
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Supply of high-rise luxury residential units up in KSA

Investor and tenant demand is driving development of modern luxury high-rise developments in Jeddah, Riyadh and the ‘tri-city’ area, according to new data from Colliers International, continuing the “transformation” More...

By Melanie Mingas On Wednesday, August 5th, 2015
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Turkish conglomerate eyes GCC investment

Turkish industrial conglomerate Nurol Holding, is inviting GCC investors to commit to its properties in Istanbul, Turkey. Present as Nurol Construction and Trading Company in the GCC since 2003 – one of 40 subsidiary More...

By Melanie Mingas On Monday, August 3rd, 2015
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Suez Canal completion “astonishing” says ICS

Ahead of the official inauguration of the Suez Canal, the International Chamber of Shipping (ICS) has praised its timely completion as “astonishing”. “The impression we’re taking away is this is a huge undertaking More...

By Giorgios Retsinas On Tuesday, June 2nd, 2015
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Faithful+Gould to boost project management in KSA

Faithful+Gould, in association with the Saudi Council of Engineers, will be hosting a professional development seminar that will focus on how early engagement of project and programme management can provide vital More...

By Giorgios Retsinas On Wednesday, May 20th, 2015
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UAE Civil Defence and MoI discuss work plan

The Directorate-General of Civil Defence at the Ministry of Interior, MoI, has recently held a meeting to discuss plans for developing and upgrading work methods to the highest levels. Major General Jassem Muhammad More...

By Giorgios Retsinas On Monday, May 11th, 2015
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Omniyat completes The Binary in Business Bay

Omniyat, Dubai-based real estate development group, has received the Building Completion Certificate for The Binary by Omniyat, its third completed project in Business Bay. The project, which will add almost 500,000 More...

By Staff writer On Sunday, February 15th, 2015
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World Forum for FDI concludes with series of critical recommendations

World Forum for FDI concludes with series of critical recommendations A series of recommendations issued by the 12th edition of the World Forum for FDI which concluded in Sharjah lately, called for committing to More...

By Staff writer On Sunday, February 15th, 2015
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DED issues over 59,000 commercial permits in 2014

Department of Economic Development (DED) The Department of Economic Development (DED) in Dubai issued 59,130 commercial permits during the year 2014, 13% higher than the licences issued in 2013, according to the More...

By Staff writer On Saturday, February 14th, 2015
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United Development Company s Full Year 2014 Results Record Solid Net Income

United Development Company (UDC) United Development Company (UDC) a leading Qatari shareholding company has announced its financial results for the year 2014, reporting revenue of QR 1.9 billion for the year 2014. More...

By Staff writer On Tuesday, February 10th, 2015
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Arab Fund lends Jordan USD 100 mln

Arab Fund lends Jordan USD 100 mln Kuwait-based Arab Fund for Social and Economic Development (AFSED) and Jordan have initialled an agreement of USD 100 million easy loan to the Hashemite Kingdom. The loan will More...

By Staff writer On Friday, February 6th, 2015
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Qatar, Saudi Arabia Among Top 40 Investors in Research and Development Last Year

Gulf Petrochemicals and Chemicals Association (GPCA) Qatar and Saudi Arabia made up the top 40 investors in research and development worldwide in 2014, the Gulf Petrochemicals and Chemicals Association (GPCA) said More...

By Staff writer On Wednesday, February 4th, 2015
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Saudi Arabia donate USD 176 mln to Jordan

Saudi Arabia, jordan Saudi Arabia signed five agreements Tuesday to donate USD 176 million to Jordan to finance development projects, part of the GCC’s collective USD five billion contributions to the Hashemite More...

By Staff writer On Tuesday, February 3rd, 2015
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Ruler of RAK opens Reyada Forum of Khalifa Fund for Enterprise Development

H.H. Sheikh Saud bin Saqer Al Qasimi Member of the Supreme Council, RAK Ruler, H.H. Sheikh Saud bin Saqer Al Qasimi Member of the Supreme Council, RAK Ruler, has stressed on the importance of the vital role undertaken More...

By Staff writer On Sunday, February 1st, 2015
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Dubai World Central unveils AED 120mn supply chain development plan

Dubai World Central unveils AED 120mn supply chain development plan Dubai World Central’s (DWC) Aviation District has announced a AED 120 million plan to develop 45,000 square meters of new aerospace supply chain More...

By Staff writer On Thursday, January 29th, 2015
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Minister of Economy Meets Italian Minister of Economic Development

Minister of Economy Meets Italian Minister of Economic Development HE Minister of Economy and Commerce Sheikh Ahmed bin Jassim bin Mohamed Al-Thani met Wednesday with Italy’s Minister of Economic Development More...

By Staff writer On Friday, January 23rd, 2015
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Modern Sharjah in focus at global Arab forum in France

Marwan bin Jassim Al Sarkal, CEO of Shurooq The Sharjah Investment and Development Authority (Shurooq) has successfully concluded its participation in a global forum on the ‘Renewal of the Arab World’, organised More...

By Staff writer On Wednesday, January 21st, 2015
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Qatar Development Bank Wins Banker Middle East Product Award for “Best SME Loan”

Abdulaziz bin Nasser Al Khalifa, CEO of QDB received the award Qatar Development Bank (QDB) has been awarded “Best SME Loan” by the Banker Middle East Qatar Product Awards 2014, the latest recognition More...

By Staff writer On Wednesday, January 21st, 2015
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Islamic Development Bank approves close to US $190 million in new development financings

Islamic Development Bank (IDB) The 302nd meeting of the Board of Executive Directors of the Islamic Development Bank (IDB) which started on Sunday, 18 January, 2015, concluded on Tuesday in Jeddah, KSA, approved More...

By Staff writer On Monday, January 19th, 2015
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First Dubai announces financial results for 2014

First Dubai announces financial results for 2014 First Dubai, a subsidiary company of Al-Mazaya Holding, has announced its financial results for the 2014 ending fiscal year following the Board Meeting held on Thursday, More...

By Staff writer On Monday, January 19th, 2015
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ADFD supports infrastructure projects in Swaziland

Abu Dhabi Fund for Development (ADFD) The Abu Dhabi Fund for Development (ADFD) has provided a development grant worth over AED36.7 million to the Kingdom of Swaziland to fund the first phase of the Manzini-Mbadlane More...

By Staff writer On Sunday, January 18th, 2015
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KFAED opens emergency center in Beirut

Kuwait Fund for Arab Economic Development (KFAED) inagurates emergency center in the Southern Suburb of Beirut The Kuwait Fund for Arab Economic Development (KFAED) has launched a USD-4.5-million emergency center More...

By Staff writer On Saturday, January 17th, 2015
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Kuwaiti delegation visits KFAED-funded Safi Port in Morocco

Kuwaiti delegation visits KFAED-funded Safi Port in Morocco A delegation of outstanding Kuwaiti female students paid a visit to the project of Port of Safi funded by the Kuwait Fund for Arab Economic Development More...

By Staff writer On Friday, January 16th, 2015
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Lebanese PM meets KFAED delegation

Tammam Salam, Lebanese Prime Minister meets KFAED delegation Lebanese Prime Minister Tammam Salam received here on Thursday a delegation from Kuwait Fund for Arab Economic Development (KFAED), led by the Fund’s More...

By Staff writer On Thursday, January 15th, 2015
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Kahramaa Holds 4th Session of Human Development Program

Kahramaa Holds 4th Session of Human Development Program Qatar General Electricity and Water Corporation (Kahramaa) held the fourth session of its cultural season 2014-15 that comprises a series of personality- and More...

By Staff writer On Tuesday, January 6th, 2015
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Barwa Real Estate Completes Purchase of Lusail Golf Development

Barwa Real Estate Completes Purchase of Lusail Golf Development Barwa Real estate has concluded on 04/01/2015 the purchase and transfer of the 50% shareholding of the Lusail Golf Development Company through its More...

By Staff writer On Tuesday, January 6th, 2015
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Al Jaber Group wins SR1.8 billion Abha Airport development project

Al Jaber Group wins SR1.8 billion Abha Airport development project Al Jaber Group’s KSA branch has been awarded the Abha Airport development project in the capital of the Asir Province in Saudi Arabia. The More...

By Staff writer On Monday, January 5th, 2015
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Dubai Chamber’s entrepreneurship development programme approved 21 projects, organised 15 workshops

Dubai Chamber’s entrepreneurship development programme approved 21 projects, organised 15 workshops Dubai Chamber of Commerce and Industry initiative, Tejar Dubai entrepreneurship development programme, announced More...

By Staff writer On Tuesday, December 30th, 2014
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Energy Min. says Bahrain to implement several development projects

Dr. Abdulhussein bin Ali Mirza, Minister of Energy Minister of Energy Dr. Abdulhussein bin Ali Mirza has said that the kingdom of Bahrain will develop water and electricity networks worth up to 1.5 million Bahraini More...

By Staff writer On Monday, December 29th, 2014
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UAE achieves highest increase worldwide in ICT Development Index

UAE achieves highest increase worldwide in ICT Development Index The Telecommunications Regulatory Authority, TRA, has announced that the UAE has made significant progress in its global ranking in the ICT Development More...

By Staff writer On Monday, December 29th, 2014
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EDB discusses action plan 2015

EDB discusses action plan 2015 The Emirates Development Bank (EDB) has met to discuss its action plan for 2015. Khalid Mohammed Belami, EDB Chairman, said the action plan 2015 will launch the bank’s products More...

By Staff writer On Thursday, December 25th, 2014
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Minister of Development Planning Urges Student to Focus on Reading

Minister of Development Planning Urges Student to Focus on Reading HE the Minister of Development Planning and Statistics Dr. Saleh bin Mohammed Al Nabit has called on Qatar University students to focus more on More...

By Staff writer On Thursday, December 25th, 2014
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Khalifa Fund explores ways of cooperation with Kuwait’s National Fund for SME Development

Khalifa Fund explores ways of cooperation with Kuwait’s National Fund for SME Development Khalifa Fund for Enterprise Development and Kuwait’s National Fund for SME Development have discussed ways of More...

By Staff writer On Thursday, December 25th, 2014
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GCC’s imports from China, India and Europe account for 25%, though 14 million tons of pipes and tubes were produced locally in 2013

pipes The GCC produced 14 million tons of pipes and tubes with a domestic consumption of 2.5 million tons used for energy, infrastructure development, construction projects, water and air conditioning supply. However, More...

By Staff writer On Wednesday, December 24th, 2014
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Kuwait lends Mali to renovate airport

Bamako-Senou Airport Kuwait Fund for Arab Economic Development (KFAED) has signed an agreement with Mali to lend it KD 5.8 million (some USD 20 million). The accord, designed to contribute to funding renovation More...

By Staff writer On Wednesday, December 24th, 2014
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Dubai Customs discusses bilateral trade development with Oman

Dubai Customs discusses bilateral trade development with Oman Ahmed Mahboob Musabih, Director of Dubai Customs, DC, has praised the development of trade cooperation with Oman, affirming that DC supports the economic More...

By Staff writer On Tuesday, December 16th, 2014
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ADIB provides AED 1 billion finance facility to Baniyas Investment & Development Company

ADIB provides AED 1 billion finance facility to Baniyas Investment & Development Company Abu Dhabi Islamic Bank, ADIB, a top-tier Islamic financial services group, has finalised a AED1 billion finance facility More...

By Staff writer On Tuesday, December 16th, 2014
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Dubai Chamber Roundtable focuses on Leadership in the Islamic Economy

Dubai Chamber Roundtable focuses on Leadership in the Islamic Economy Dubai Chamber of Commerce and Industry, in cooperation with Dubai Islamic Economy Development Centre (DIEDC) and strategic partner Thomson Reuters, More...

By Staff writer On Sunday, December 14th, 2014
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Finance Ministry Continues to Promote Economic Development

Finance Ministry Continues to Promote Economic Development The Ministry of Finance has made significant achievements in promoting the economic growth in the country by expanding and diversifying the sources of the More...

By Staff writer On Saturday, December 13th, 2014
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Qatar Delegation Highlights Investment Opportunities with Switzerland

Qatar Delegation Highlights Investment Opportunities with Switzerland Qatar is set to launch huge investment projects in all fields as part of its preparations for hosting the 2022 FIFA World Cup as well as its More...

By Staff writer On Thursday, December 11th, 2014
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ADGM forms expert panel of 16 international financial institutions to support development of new regulatory framework

Abu Dhabi Global Market, ADGM, Abu Dhabi Global Market, ADGM, the international financial centre in Abu Dhabi, today announced that its Pre-Open Market Consultation is underway and that ADGM has formed an expert More...

By Staff writer On Wednesday, December 10th, 2014
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DCE and DGCX seek to deepen product development ties

DCE and DGCX seek to deepen product development ties Dubai Gold and Commodities Exchange, DGCX, and the Dalian Commodity Exchange, DCE, announced today that they are taking steps to further deepen product development More...

By Staff writer On Sunday, December 7th, 2014
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KFAED chief affirms Kuwait’s continuous support to Egypt

Kuwait Fund for Arab Economic Development (KFAED) Kuwait Fund for Arab Economic Development (KFAED) Director General Abdulwahab Al-Bader Saturday affirmed Kuwait’s continued support for Egypt to addressing More...

By Staff writer On Thursday, December 4th, 2014
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Ashghal Signs QR 5.5 Billion Construction Contracts

Ashghal Signs QR 5.5 Billion Construction Contracts Public Works Authority (Ashghal) on Wednesday signed 12 construction contracts at a total value exceeding QR 5,5 billion including the construction and development More...

By Staff writer On Tuesday, December 2nd, 2014
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Kuwait finances 8 development projects in Lebanon

Kuwait finances 8 development projects in Lebanon Kuwait Fund for Arab Economic Development (KFAED) inked an agreement Monday to finance eight small development projects in Lebanon with a total cost of USD 1.21 More...

By Staff writer On Tuesday, December 2nd, 2014
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IDB approves financing development projects with more than USD 566 mln

Islamic Development Bank (IDB) Through allocating more than USD 566 millions, the Islamic Development Bank (IDB) approved on Monday financing of new development projects covering energy, roads, water, petrochemical More...

By Staff writer On Tuesday, November 25th, 2014
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Development plan unveils imbalances in different domains

Hind Al-Sabeeh, Minister of Social Affairs and Labor and Minister of State for Planning and Development The previous development plan unveiled some imbalances in different domains, primarily the poor contribution More...

By Staff writer On Monday, November 24th, 2014
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QDB Partner Banks Fund 25 Projects With QR 130 Million in 2014

Abdulaziz bin Nasser Al Khalifa, QDC CEO Qatar Development Bank (QDB) Sunday said its Al Dhameen indirect lending (guarantees) has funded 25 projects in 2014 for a total value of QR 130 Million through partner banks. Overall More...

By Staff writer On Monday, November 24th, 2014
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Jersey Finance bolsters business development team in Middle East

Jersey Finance bolsters business development team in Middle East Jersey Finance is ramping up its capabilities across the Middle East and India region by adding senior business development resources to its activities More...

By Staff writer On Sunday, November 23rd, 2014
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Abu Dhabi Fund for Development to finance key infrastructure projects in Madagascar

Abu Dhabi Fund for Development to finance key infrastructure projects in Madagascar Abu Dhabi Fund for Development (ADFD), is set to extend AED110 million in soft loans to the Republic of Madagascar for the construction More...

By Staff writer On Thursday, November 20th, 2014
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ADNOC Distribution honours UAE national trainees for successful completion of career development programmes

ADNOC Distribution honours UAE national trainees for successful completion of career development programmes ADNOC Distribution hosted a special gathering to recognise a batch of UAE national trainees for the successful More...

By Staff writer On Saturday, November 15th, 2014
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Administrative Development Ministry to Hold Meeting on Quality Standards

Dr Issa bin Saad Al Nuaimi, Minister of Administrative Development The Ministry of Administrative Development will hold a meeting for government bodies to introduce them to quality standards at Ritz Carlton Hotel More...

By Staff writer On Saturday, November 15th, 2014
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ADFD holds training sessions

ADFD holds training sessions The Abu Dhabi Fund for Development (ADFD), has held in cooperation with Deloitte Office a series of training courses in the field of audit for ADFD staff with participation of a number More...

By Staff writer On Thursday, November 13th, 2014
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KFAED, Oman sign grant agreement worth USD 1.75 bln

KFAED, Oman sign grant agreement worth USD 1.75 bln The Kuwait Fund for Arab Economic Development (KFAED) and Oman signed in Muscat on Wednesday a grant agreement whereby the Fund will offer USD.75 billion to finance More...

By Staff writer On Tuesday, November 11th, 2014
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Access to global markets drives Khalifa Fund for Enterprise Development at speciality food festival

Access to global markets drives Khalifa Fund for Enterprise Development at speciality food festival A unique opportunity to foster increased access to global markets has resulted in a diverse roster of nine start-up More...

By Staff writer On Tuesday, November 11th, 2014
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Abu Dhabi Technology Development Committee signs partnership with ADNOC

Abu Dhabi Technology Development Committee signs partnership with ADNOC The Abu Dhabi Technology Development Committee (TDC) has signed a partnership agreement with Abu Dhabi National Oil Company (ADNOC) to develop More...

By Staff writer On Wednesday, November 5th, 2014
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SCAD releases Abu Dhabi Statistical Yearbook, Tracking the Course of Development from 2005 to 2013

Statistics Centre – Abu Dhabi (SCAD) Statistics Centre – Abu Dhabi (SCAD) released today the Statistical Yearbook (SYB) of the Emirate of Abu Dhabi – 2014 in a press conference presented by Butti Al More...

By Staff writer On Sunday, November 2nd, 2014
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Shurooq readies to participate in World Travel Market 2014

Shurooq readies to participate in World Travel Market 2014 The Sharjah Investment and Development Authority (Shurooq) is well prepared to participate in the World Travel Market (WTM 2014), which will take place More...

By Staff writer On Thursday, October 30th, 2014
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Mazaya 9-Month Profit Jumps to QR 87.9 Million

Mazaya 9-Month Profit Jumps to QR 87.9 Million Mazaya Qatar Real Estate Development Company’s nine-month net profit for the period ended September 30 has jumped to QR 87.9 Million. This is a substantial increase More...

By Staff writer On Tuesday, October 28th, 2014
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SCA, SIDC sign MoU on training, research and sharing of experience

SCA, SIDC sign MoU on training, research and sharing of experience The Securities and Commodities Authority (SCA) and the Securities Industry Development Corporation (SIDC) of Malaysia, have signed a Memorandum More...

By Staff writer On Monday, October 20th, 2014
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EGA features in top 100 companies in leadership stakes

EGA features in top 100 companies in leadership stakes Marking its leading position in the aluminium industry’s global ranking, Emirates Global Aluminium, EGA, has been featured in The Boston Consulting Group More...

By Staff writer On Wednesday, October 15th, 2014
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Development plan, new bills draw investors’ attention – NBK

Development plan, new bills draw investors’ attention – NBK Kuwait is taking positive steps toward achieving developmental goals, thanks to new laws, a medium-term development plan and the rise in the More...

By Staff writer On Monday, October 13th, 2014
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Abu Dhabi Fund for Development engages in Global Development Dialogue at World Bank/IMF Meeting

Abu Dhabi Fund for Development engages in Global Development Dialogue at World Bank/IMF Meeting An official delegation from Abu Dhabi Fund for Development (ADFD) has participated in this week’s Annual Meeting More...

By Staff writer On Sunday, October 12th, 2014
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First UAE Economic Planning Forum to be Held in Fujairah

Abu Dhabi Department of Economic Development The Ministry of Economy has announced the first edition of the UAE Economic Planning Forum organized by the Fujairah Department of Industry and Economy at the initiative More...

By Staff writer On Sunday, October 12th, 2014
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Kuwait offers Benin KD 3mln-loan to finance coast protection project

KFAED, Benin Agreement Signing ceremony The Kuwait Fund for Arab Economic Development (KFAED) has signed an agreement with the government of Benin to finance an ambitious project to protect the east coast of the More...

By Staff writer On Tuesday, September 30th, 2014
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Masdar and Khalifa Fund for Enterprise Development join forces to boost Emirati entrepreneurship

Dr. Ahmad Belhoul, CEO of Masdar, and Abdullah Al Darmaki, CEO of the Khalifa Fund for Enterprise Development Masdar has signed a framework agreement with the Khalifa Fund for Enterprise Development with the goal More...

By Staff writer On Thursday, September 25th, 2014
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Dubai Islamic Economy Development Centre to launch State of Global Islamic Economy Report 2014

Mohammed Abdullah Al Gergawi, Chairman of the DIEDC Board The Dubai Islamic Economy Development Centre, DIEDC, in partnership with Thomson Reuters, has announced the date for the launch of its State of the Global More...

By Staff writer On Thursday, September 25th, 2014
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Shurooq concludes participation in Cityscape Global

Shurooq concludes participation in Cityscape Global  The Sharjah Investment and Development Authority, Shurooq, has successfully concluded its participation in Cityscape Global 2014, the region’s leading More...

By Staff writer On Thursday, September 25th, 2014
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DP announces third project in unique Culture Village district

James Kaplan, Senior VP Development, Minor Hotel Group with Mohammed Al Habbai, Chief Officer of Urban Planning and Infrastructure at DPG Following the launch of its Dubai Wharf development earlier this week, real More...

By Staff writer On Sunday, September 21st, 2014
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TDIC to showcase its latest residential development on Saadiyat at Cityscape Global 2014

TDIC to showcase its latest residential development on Saadiyat at Cityscape Global 2014 Tourism Development & Investment Company (TDIC) will be showcasing its latest residential offerings and unique investment More...

By Staff writer On Sunday, September 21st, 2014
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Dubai SME launches Equity Investment Initiative to facilitate funding for start-ups and early stage development

Dubai SME, Dubai SME, the agency of Dubai’s Department of Economic Development (DED) mandated to develop the small and medium enterprise (SME) sector, has launched Equity Investment Initiative with the aim More...

By Staff writer On Friday, September 19th, 2014
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Mubadala announces half year 2014 financial results

Mubadala Development Company (Mubadala) Mubadala Development Company (Mubadala), the Abu Dhabi-based investment and development company, today released its interim financial statements and business highlights for More...

By Staff writer On Wednesday, September 17th, 2014
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Shurooq promotes Sharjah in Shanghai

Mohamed Al Musharrkh, Head of Investment Promotion and Diana Yonghui Ma, Investment Promotion Executive The Sharjah Investment and Development Authority (Shurooq) has successfully concluded an investment roadshow More...

By Staff writer On Wednesday, September 17th, 2014
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Dubai Parks and Resorts LLC completes 30 percent of the infrastructure development

Raed Al Nuaimi, CEO of Dubai Parks & Resorts LLC Dubai Parks and Resorts LLC, a Meraas Holding company, today announced that Phase 1 of its multibillion dollar entertainment and leisure destination has made More...

By Staff writer On Monday, September 15th, 2014
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Dubai SME and Epoc Messe Frankfurt collaborate on pavilion for Intersec 2014

Mr. Abdul Baset Al Janahi, Chief Executive Officer, Dubai SME and Mr. Ahmed Pauwels, Chief Executive Officer, Epoc Messe Frankfurt GmbH signed the agreement. Dubai SME, the agency of the Department of Economic Development More...

By Staff writer On Sunday, September 14th, 2014
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Abu Dhabi, Brisbane discuss stronger economic relations

Abu Dhabi, Brisbane discuss stronger economic relations  Chairman of Department of Economic Development in Abu Dhabi (DED-Abu Dhabi) Ali Majid Al Mansouri, and Graham Quirk, Lord Mayor of Brisbane, the capital More...

By Staff writer On Saturday, September 13th, 2014
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Nahyan receives Australian delegation

Sheikh Nahyan bin Mubarak Al Nahyan, Minister of Culture, Youth and Community Development The sister city agreement between Abu Dhabi and Brisbane, the capital and largest city in the State of Queensland, Australia, More...

By Staff writer On Friday, September 12th, 2014
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UNCTAD urges countries to change economic policies to stimulate growth

United Nations Conference on Trade and Development (UNCTAD) The United Nations Conference on Trade and Development (UNCTAD) says rich and poor countries must change their economic policies in order to stimulate More...

By Staff writer On Friday, September 12th, 2014
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Aldar’s hotel portfolio revenues up 13% in H1 2014

Aldar’s hotel portfolio revenues up 13% in H1 2014  Aldar Properties PJSC, Abu Dhabi’s leading listed property development, investment and management company, today announced that average occupancy More...

By Staff writer On Thursday, September 11th, 2014
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ADX receives NYUAD CTED Delegation

ADX receives NYUAD CTED Delegation Abu Dhabi Securities Exchange (ADX) recently received a delegation from the Centre for Technology and Economic Development (CTED) at New York University Abu Dhabi (NYUAD). The More...

By Staff writer On Monday, September 8th, 2014
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Dubai hospitality attracts global players with business activity streamlined in the sector

Dubai  Dubai’s ambitious growth strategy for its hospitality sector is proving to be a big draw among international players and Dubai Investment Development Agency (Dubai FDI) in the Department of Economic Development More...

By Staff writer On Monday, September 8th, 2014
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IDEX, Abu Dhabi TDC join hands to showcase new innovations at IDEX 2015

Saleh Al Marzooqi, IDEX CEO and H.E. Ahmed Saeed Al Calily, Director General of TDC  IDEX LLC, an ADNEC Group company, has entered a partnership agreement with the Abu Dhabi Technology Development Committee (TDC)’s More...

By Staff writer On Monday, September 8th, 2014
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QDB Organizes Workshop on “International Commercial Terms”

QDB Organizes Workshop on “International Commercial Terms” Qatar Development Bank (QDB) organized through its export arm ‘Tasdeer,’ a workshop on “International Commercial Terms,” More...

By Staff writer On Sunday, September 7th, 2014
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Kuwait-Hong Kong meeting discusses trade cooperation

Khalid Al-Mutairi, Consul General in Hong Kong and Macau and Raymond Yip, Assistant Executive Director of Hong Kong Trade Development Council  Consul General in Hong Kong and Macau Khalid Al-Mutairi, on Saturday, More...

By Staff writer On Friday, September 5th, 2014
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Nahyan hails U.A.E.’s latest achievement in global competitiveness

Sheikh Nahyan bin Mubarak Al Nahyan, Minister of Culture, Youth and Community Development, Sheikh Nahyan bin Mubarak Al Nahyan, Minister of Culture, Youth and Community Development, on Thursday attributed the U.A.E.’s More...

By Staff writer On Thursday, September 4th, 2014
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Shurooq explores investment opportunities with Hong Kong

Marwan Al Sarkal, Shurooq CEO The Sharjah Investment and Development Authority (Shurooq) recently welcomed a delegation from Invest Hong Kong (InvestHK), the department which promotes foreign direct investment for More...

By Staff writer On Wednesday, September 3rd, 2014
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TRA hosts workshop on development of e-Government Services

Telecommunication Regulatory Authority, ”TRA” The Telecommunication Regulatory Authority, TRA, has organised a workshop entitled, “UN e-Government Index” in Dubai. The workshop comes within More...

By Staff writer On Tuesday, September 2nd, 2014
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TANMIA, EIBFS in a joint partnership to qualify UAE Nationals for successful careers in the banking sector

Human Resources and Development Authority (TANMIA) Human Resources and Development Authority (TANMIA) and the Emirates Institute of Banking and Financial Studies(EIBFS) have signed a joint cooperation agreement More...

By Staff writer On Sunday, August 31st, 2014
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Jahra development plans extension of Kuwait’s strategy

Jahra governorate, Kuwait  The development of Jahra governorate is an extension of the state’s development strategy and its’ within our interest to develop all sectors and services in the area, said More...

By Staff writer On Wednesday, August 27th, 2014
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Qatar Foreign Merchandise Trade Surplus was QR 33.2 billion in July, 2014

Qatar Foreign Merchandise Trade Surplus was QR 33.2 billion in July, 2014  The Ministry of Development Planning and Statistics have released preliminary figures of the value of exports domestic goods, re-exports More...

By Staff writer On Wednesday, August 27th, 2014
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UDC Renews $210 Million Credit Facility Deal

UDC Renews $210 Million Credit Facility Deal  Qatar’s real estate developer, the United Development Company, has announced the renewal of a US$ 210 Million credit facility agreement with a group of banks More...

By Staff writer On Tuesday, August 26th, 2014
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Qatar grants Morocco USD 136 mln to finance development projects

Qatar, Morocco Qatar on Monday offered Morocco USD 136 million to finance irrigation and pastures projects in the desert areas in northern, central and southern parts of the Kingdom of Morocco. The grant agreement More...

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